INVESCO DB US DLR INDEX TR BULLISH FD ETF

AMEX

UUP

Hi friends! Today, we're going to take a look at the state of the US dollar, via the UUP ETF. Let's get right to it! Looking at the weekly chart, you can see that since about mid 2014, the dollar has greenback has been forming a big head and shoulders pattern. It isn't the cleanest looking head and shoulders pattern, but it's a head and shoulders nonetheless. You...

This should move big one way or another, will be watching

Welcome to stagflation America, where GDP slows and inflation erodes purchasing power. I'm fairly confident US will start to cut rates as the govt will be unable to service the national debt on short term maturities, even with Fed funds rate at 2.5%. This nonsense of borrowing to consume discretionary goods is going to end, and dollar denominated assets are going...

Fed Actions = Increasing Dollar

Trying to figure out how they're going to melt this market up since I think that's where we're going. Powell is probably going to say something next week that's going to tank the dollar. Weaker dollar for more exports plus the China deal coming up. Watch the dollar guys, last time it tanked we went on a huge melt up in 2017.

Commodities vs US Dollar: As can be seen in in the chart above, when commodities are measured against the US Dollar, the price ratio (DBC/UUP) failed to move higher in recent sessions, and is struggling to re-test its 20-Day EMA (Green) and 50-Day EMA (Blue). See Commodities at a Crossroads? (Part 2) for our commentary

Sell target on the Invesco CurrencyShares US Dollar Index is $25.00. A trade idea is buy AUDUSD.

Does everything repeat in January? Looks like the dollar is headed down for he month as well. Would explain why oil is rising.

Will be watching to see if it breaks down further.

Digital Gold (#Bitcoin) vs The Reigning Champ ($USD)! Ding, DING

Hi friends! Welcome to this update analysis on the US Dollar, via the UUP ETF. Looking at the daily chart, you can see that the UUP has been forming a strong looking inverted head and shoulders pattern, since July of 2017. The pattern is well defined, with a steep positively sloped neckline, signaling a powerful bullish formation. Today, the dollar gaped higher,...

GOOD LUCK

I am watching IWM XLF they are weak

Looking for US dollar to roll over from highs could be an area of pull back for the $UUP product. Does not move a lot in the day so look for options in it for a greater return than buying shares outright. The longer dated expiration does not have a lot of volatility in them so if considering an option trade the first pop you get in premium and you may want to...

Anomalies abound as dollar hits significant overhead resistance. Powell testimony ends up being the buy the rumor sell the news event. Keep it simple, look up and failing in face of what should be bullish info and testimony. Watch the reaction..UUP short from 25.10-25-15 nice set up

trend and harmonic analysis.

Monthly indicators show that the long-term dollar bear may come back alive in May, June or July. See "Hello Asia; Goodbye West: The Asian Consumer & Global Powershift in the links below for some fundamental information and outlook for the US dollar.

It is too early. I am waiting on confirmation.